HSBC 1H26 profit before tax rises 23% to $19.5 billion; revenue increases 11% to $37.7 billion - HSBC News | RalliesHSBC 1H26 profit before tax rises 23% to $19.5 billion; revenue increases 11% to $37.7 billion
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HSBC• HSBC reports higher first-half profit and revenue
- HSBC reported 1H26 profit before tax of $19.5 billion, up 23% from 1H25; profit after tax rose 23% to $15.3 billion.
- Revenue climbed 11% to $37.7 billion; net interest margin widened 0.04 percentage points to 1.61%.
- Basic earnings per share increased 30.77% to $0.85; return on average tangible equity came in at 18.2%.
- Expected credit losses rose to $2.4 billion, up $0.4 billion; CET1 capital ratio fell 0.8 percentage points to 14.1%.
- Declared a second interim dividend of $0.10 per share; plans a share buyback of up to $1 billion by Q3 2026 results.